Media probe accuses DR Congo ex-president of embezzling $138 million

Joseph Kabila (Picture: AFP)

Joseph Kabila (Image: AFP)

  • Joseph Kabila was Democratic Republic of Congo’s president from 2001 to 2019.
  • In line with Mediapart, Kabila, his household and family members acquired not less than $138 million from state coffers between 2013 and 2018.
  • Kabila’s media workplace in an announcement rejected the accusations as false.

French investigative media outlet Mediapart on Friday accused former Democratic Republic of Congo president Joseph Kabila and his household of siphoning off $138 million in state funds whereas in energy.

The press workplace of Kabila, who led the mineral-rich however impoverished nation from 2001 to 2019, denied the fees.

The allegations come after Mediapart and the Platform to Shield Whistleblowers in Africa, a non-governmental organisation, gained entry to greater than three million leaked paperwork from the Worldwide Gabonese and French Financial institution (BGFI), Mediapart mentioned.

Nineteen media retailers and 5 non-governmental organisations coordinated by the European Investigative Collaborations spent six months sifting by the paperwork.

Mediapart mentioned:

The paperwork… present that former president Kabila, his household and family members acquired, with the complicity of the BGFI, not less than $138 million from state coffers between 2013 and 2018.

It added that the funds had been siphoned “by a shell firm arrange in a storage”.

Kabila’s media workplace in an announcement rejected “false accusations” and criticised what he known as “unjustified harassment from sure powers hiding behind the media”.

Mediapart mentioned Kabila’s adoptive brother had been the overall director of the DRC subsidiary of the Gabon-based BGFI financial institution, and alleged he and Kabila’s sister owned the shell firm.

The financial institution didn’t instantly reply to an AFP request for remark.

The report alleged the shell firm had served as “a car to regime corruption”, in addition to a option to “levy a type of Kabila tax” from a string of public establishments or firms.

It mentioned they included the central financial institution, state mining agency Gecamines, parliament, the electoral fee, and even the fund for street upkeep.

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Poverty is widespread in sub-Saharan Africa’s largest nation, regardless of its soil being filled with gold, coltan or cobalt.

In 2018, it was estimated that 73 p.c of its inhabitants of 60 million individuals lived on lower than $1.90 a day, the World Financial institution says.

Joseph Kabila grew to become president aged simply 29 in 2001, after his long-ruling father Laurent-Want Kabila was assassinated.

He didn’t run in December 2018’s election, which was received by Felix Tshisekedi, who took over in January the next 12 months.

It was the Democratic Republic of Congo’s first peaceable political transition since independence from Belgium in 1960.

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